Post
Topic
Board Bitcoin Discussion
Re: 17,800,000 BTC already mined
by
serjent05
on 04/08/2019, 07:42:44 UTC

I also buy some BTC in 2015, and sold them for profit of only $50 or something like that - then it seemed quite normal thing, but of course I failed to see the big picture and understand the potential of BTC.

Well, I guess it can't be helped.  I also sold at cheaper price way back 2016, sold it at around $400.  If someone need money badly, you cannot see the big picture ahead since what is important is the "needed now".  Anyway it is still not late to accumulate, there is still more than millions to be mined and hundred more years for mining span. 

Anyone noticed that we have breached 17,800,000 BTC already? Which means that 85% of all BTC have been mined. And in the next 10+ years we can all assumed that 'almost' all bitcoin is mined already. Have you accumulated at least 1 BTC in your wallet?

Current bitcoin mined:  17,851,062 BTC 
That is really a food for thought for everyone really including me, I believe that by now, averagely, everyone should already have at least 1 BTC in their wallet, I am not talking about new investors who are still new to bitcoin or the richer ones though, because those ones accumulate bitcoin like they buy popcorn on the road. Bitcoin Is really close to closing the gap of the total supply of bitcoin.

In 10 years bitcoin has already mined almost 70 percent of the total supply of bitcoin, which means there is possibility of these supply getting exhausted in another 10 year’s time, so I am wondering where some people are getting the arithmetic of 2140 from, which is about 95 years from now. I know that bitcoin will start getting quite high gradually, but that would still not stop people from buying it no matter how expensive it is.

Indeed, we failed to notice that the total supply of Bitcoin mined had already been 17,800,000+, from 2009 to 2019, its been a decade of Bitcoin mining, and it felt like it was just yesterday.